Ask Experts Questions for FREE Help!
 
Free Answers in 3 Easy Steps

Register Now		 3 Steps
 
Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Investing    Ask about another Subject  
 
PDA

yeeyee
Aug 15, 2009, 04:48 AM
What is the formula for calculating the following problem?
Take for instance I recently made an investment of X amount of dollars and I'm expecting
X% annual rate of return on my investment and let's say I decide to sell this investment in 6 yrs. I just want to know the correct method of determining how much to sell it for. Can you help?
ArcSine
Aug 15, 2009, 05:46 AM
To realize an annual return of r , on an initial investment of I, after n years, sell it for

I(1+r)^n

Be sure to express r as a decimal in that formula.